Shares closed 2.75% higher to 774.39 in stock market trading Friday, breaking out past a 764.55 buy point in a cup-with-handle base.
Shares have found support near their 21-day exponential moving average. Its relative strength line is trending upward, as its 50-day line is also sloping up again.
Tesla's RS Rating is 85 out of a possible 99. Its EPS Rating is 72.
Among U.S. automakers with a growing slate of EVs, General Motors (GM) and Ford (F) each rose 0.5%. Recent IPO Lucid Motors (LCID) fell 3%.
Tesla's China-based rivals Nio (NIO) declined 1.5%, Xpeng (XPEV) dipped 2.5% and Li Auto (LI) ended the day mostly flat.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.